International Maritime & Trade Finance Policy Council

Dubai Shipping Update – December 19, 2025 Dubai continues to solidify its position as a global maritime hub. DP World reported a record-breaking performance at Jebel Ali Port, handling 15.9 million TEUs in the first 11 months of 2025 — a 4.6% increase year-on-year. Key highlights: - November 2025: Highest monthly throughput ever at 1.5 million TEUs . - Strong growth driven by Asia-Europe and intra-Asia trade, despite regional disruptions. - Dubai Maritime City expansion: $1.

Breaking International Shipping News – December 19, 2025 President Donald Trump has ordered a "total and complete blockade" of all U.S.-sanctioned oil tankers in/out of Venezuela, designating the Maduro regime a Foreign Terrorist Organization. Key Developments: Builds on recent seizure of tanker Skipper (2M barrels Merey crude) and new sanctions on vessels/family members. Targets ~30+ shadow fleet tankers in Caribbean; exports sharply down, loaded ships stalled. Venezuela v

In a dramatic escalation, U.S. President Donald Trump announced on December 16-17 a "total and complete blockade" of all sanctioned oil tankers entering or leaving Venezuela . This targets the shadow fleet carrying PDVSA crude (mainly Merey 16), following the recent seizure of the tanker Skipper (loaded with ~1.8-2M barrels). Key Impacts: Most non-Chevron exports stalled – dozens of tankers anchored in Venezuelan waters, fearing interdiction. Shadow fleet operations (AIS spo